Tag #Golden Share

What are the immediate consequences of using a 'golden share' in the Royal Mail deal, and how does it impact British interests?

The Czech billionaire Daniel Kretinsky's deal with the UK government for Royal Mail includes a controversial 'golden share', a tool typically used to protect strategic assets from foreign takeovers. However, in this instance, the golden share is facilitating Kretinsky's acquisition and control, raising concerns about the deal's fairness. This has led to criticism that the government is not protecting British interests.